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Sunday, December 3, 2023

The Question Is Whether To Buy Or Not To Buy Kratos Defense & Security Solutions Inc (NASDAQ: KTOS)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Kratos Defense & Security Solutions Inc (KTOS) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.04, or -0.23%, to $17.44. The Kratos Defense & Security Solutions Inc has recorded 26,637 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Kratos Announces New Directors as Part of Ongoing Board Refresh and Augmentation Process, Thanks Retiring Directors for Their Service to the Company and its National Security Focused Mission.

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Stocks Info

Kratos Defense & Security Solutions Inc is listed on the NASDAQ as a member of the Industrials sector and is a part of the Aerospace & Defense industry. At the end of the last regular session, the stock closed at $17.48 and fluctuated between $17.55 as its day high and $17.04 as its day low. The current market capitalization of Kratos Defense & Security Solutions Inc is $2.25B. A total of 0.66 million shares were traded on the day, compared to an average of 983.47K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, KTOS has seen 0 BUY and 6 SELL insider trades, representing the acquisition of 0 and the disposition of 24,500 shares. Over the last 12 months, there were 49 BUYs and 82 SELLs from insiders. Insiders purchased 532,333 shares during that period but sold 532,742.

In the most recent transaction, Fendley Steven S. sold 7,000 shares of KTOS for 16.89 per share on Oct 30. After the transaction, the President, US Division now owns 333,391 company shares. In a previous transaction on Oct 16, Carrai Phillip D sold 4,500 shares at 16.94 per share. KTOS shares that President, STC Division owns now total 190,027.

Among the insiders who sold shares, Mendoza Marie disposed of 1,000 shares on Oct 16 at a per-share price of $17.15. This resulted in the SVP & General Counsel holding 37,441 shares of KTOS after the transaction. In another insider transaction, Carrai Phillip D sold 4,500 shares at $14.74 per share on Sep 15. Company shares held by the President, STC Division now total 194,551.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for KTOS in the last 3 months, the mean price target is $19.45 with high estimates of $22.00 and low estimates of $15.00. In terms of 52-week highs and lows, KTOS has a high of $18.04 and a low of $8.90.

As of this writing, KTOS has an earnings estimate of $0.09 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $0.13 per share and a lower estimate of $0.06. The company reported an EPS of $0.06 in the last quarter, which was 20.00% higher than expectations of $0.05.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. KTOS’s latest balance sheet shows that the firm has $349.40M in Cash & Short Term Investments as of fiscal 2021. There were $339.50M in debt and $221.10M in liabilities at the time. Its Book Value Per Share was $7.44, while its Total Shareholder’s Equity was $960.30M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KTOS is Buy with a score of 4.11.

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